Global Strategy Concentration

In this course, we will cover how firms can use performance measurement tools and concepts to manage the implementation of strategies. We cover concepts such as the balanced scorecard, strategy maps, action controls, personnel controls, strategic profitability analysis, etc.  The course will emphasize quantitative approaches (i.e.: use calculations to improve decision-making and strategy execution). 

This course focuses on how firms can maximize value by building and evaluating their operating system. More specifically, the course provides rigorous answers to the question of how firms should tailor their operational competencies, assets, and processes to a specific business strategy? The topics include the historical sources of operations strategy, its link to other strategic decisions, process designs, global networks, strategic procurement, the integration of new technologies, environmental considerations, demand management, and the question of how to manage the implementation of a new strategic initiative. 

This course covers aspects of firm growth and how business models can be scaled. It focuses specifically on the differences between traditional growth models and growths achievable through digital business models, platform and so called zero marginal costs business models. It provides a unique blend of economic theory and practice, applying elements of recent theoretical advances to study the impact of novel digital technologies and new business model designs on strategic analysis. 

The course covers probabilistic and behavioural aspects that underpin resource-allocation strategies. It focuses on how firms can apply strategic foresight to anticipate competitive market dynamics and how such analyses should affect resource allocation strategies. The course also discusses managerial heuristics than can be applied in highly uncertain environments in which traditional forecast approaches are limited.  

New for 2021, more informtion to follow.

This course is an experiential learning module, based on company projects, case studies, and business challenges with specific strategic and organisational issues, so students can develop a clear set of recommendations. Students work with actual companies by getting involved in real-world strategy or business challenges.